£799,681
This estimated value is based upon the latest sale price for the house of £625,000 on 21 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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713 Cranbrook Road, Ilford, London, IG2 6RJ
Phone: 02081153602
| Price Paid | Date |
|---|---|
| £625,000 | 21 Aug 2017 |
| £375,100 | 27 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £625,000 results in an estimated price of approximately £799,681.
| 21 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £625,000 | £174,681 | £799,681 |
The Postcode Pricing Model uses changes in average sales price within the IG5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 2.045 % | £12,782 | £637,782 |
| 3 Month Average | 4.911 % | £30,695 | £655,695 |
| 6 Month Average | 8.409 % | £52,558 | £677,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £720,797 | £702,500 | 78 QUEENBOROUGH GARDENS |
| 20 Sep 2023 | £536,834 | £525,000 | 61 QUEENBOROUGH GARDENS |
| 31 Mar 2023 | £441,257 | £433,888 | 57 QUEENBOROUGH GARDENS |
| 28 Mar 2023 | £711,889 | £700,000 | 150 LONGWOOD GARDENS |
| 23 Feb 2023 | £679,539 | £675,000 | 96 QUEENBOROUGH GARDENS |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 14 Jun 2013. Using an estimated price of £799,682 means this house is valued at £6,449 per sq meter (£599 per sq foot).
The average size of a house on LONGWOOD GARDENS is 114 sq meters (1,228 sq feet).